Newburg currently has 4 single family homes for sale with an average list price of $423,450 and 3 lots for sale with an average list price of $168,000. The average annual property tax for Newburg is $3,638.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Newburg, i.e. what's hot and what's not.
See What's Hot & What's Not in NewburgNewburg home sales for the month of October decreased in volume by 66.7% when compared to last year, while the median sale price decreased by 24.7% from $425,000 to $320,000. Condo sales stayed the same, while the median sale price stayed the same.
13
|
17
|
11
|
6
|
2020 | 2021 | 2022 | 2023 |
# of sales per year |
$220,000
|
$269,000
|
$293,000
|
$350,750
|
2020 | 2021 | 2022 | 2023 |
median sale price per year |